May 28, 2010

MICRON TECHNOLOGY(MU) BUY SIGNAL IN DAILY CHART

MICRON TECHNOLOGY DAILY CHART

  • MICRON TECHNOLOGY DAILY MACD HAS GIVEN A CROSS OVER. AND THE DOWN TREND LINE IN DAILY CHART HAS BROKEN.
  • STOCK IS SITTING ABOVE IT'S SUPPORT OF 9.05. 
  • SEE HOW THE STOCK HAD A SIMILAR MACD CROSSOVER AND TREND LINE BREAK IN FEBRUARY WHICH RESULTED IN A RALLY TOWARDS 11.30 AREA.
  • WE CAN EXPECT THE SAME TO HAPPEN THIS TIME ALSO.
THANK YOU
UPDATED CHART OF MU ON 29-05-2010
THANK YOU

2 comments:

  1. yes, good chart read on MU.
    MU should have another profitable quarter.

    ReplyDelete